Barclays Maintains An Overweight Rating On 3M Company (MMM)

Core Viewpoint - 3M Company (NYSE:MMM) is recognized as one of the best nanotechnology stocks to invest in currently [1] Group 1: Analyst Ratings and Price Targets - Barclays has maintained an Overweight rating on 3M Company and increased its price target from $180 to $190, reflecting a positive outlook for 2026 despite low projections for most end-markets [2] - Deutsche Bank has downgraded its rating on 3M Company from Buy to Hold, lowering its price target from $199 to $178, citing limited upside potential through 2028 due to a reduced valuation gap with competitors [3] Group 2: Financial Performance - In the latest quarter, 3M Company reported adjusted earnings of $2.19 per share, a 10% increase from the previous year, surpassing Wall Street's consensus of $2.07 [4] - The company has raised its 2025 adjusted earnings guidance to a range of $7.95 to $8.05 per share, up from a previous range of $7.75 to $8.00, driven by strong organic growth and margin expansion [4] Group 3: Company Overview - 3M Company is a multinational corporation that offers a wide range of products, including sponges and respirators [4]